MicrostockGroup

Agency Based Discussion => Sites that no longer exist => Topic started by: Phillip Minnis on January 21, 2013, 16:56

Title: AllYouCanStock Closing
Post by: Phillip Minnis on January 21, 2013, 16:56

I just received the following message:

It is with regret that we have to announce the closing of allyoucanstock.com due to insufficient sales numbers. Thank you for your continues trust and support!

All outstanding balances will be transfered to the appropriate paypal accounts within 30 calendar days. All transaction fees will be payed by allyoucanstock. In case of paypal account issues we will get in contact directly to work out a solution of the payment transfer.

All images will be permanently deleted immediately from all allyoucanstock storages.
All contact details will be removed after all outstanding balances are transfered but no later than 30 calendar days.

All technical and sales logs will be permanently deleted within 365 calendar days.

Title: Re: AllYouCanStock Closing
Post by: CD123 on January 21, 2013, 17:00

That was unfortunately very much expected.

Title: Re: AllYouCanStock Closing
Post by: noodle on January 21, 2013, 17:09

they had vitually zero sales - surprized they lasted this long.
these days you need deep pockets and good connections with big buyers to make it

Title: Re: AllYouCanStock Closing
Post by: jm on January 21, 2013, 17:13

What a difference - I'm still waiting for similar message from SuperHug.

BTW - wouldn't it be nice name for one of awards categories - worst agency of the year  > "Superhug of the Year"

Title: Re: AllYouCanStock Closing
Post by: ruxpriencdiam on January 21, 2013, 17:16

Same here.

Title: Re: AllYouCanStock Closing
Post by: Poncke on January 21, 2013, 17:18

.

Title: Re: AllYouCanStock Closing
Post by: sharpshot on January 21, 2013, 17:50

I sold one almost as soon as I started uploading there, then nothing.  Looking at all those sites that fail to register an earnings rating in the poll here, I think we could see lots more closing this year.

Title: Re: AllYouCanStock Closing
Post by: tab62 on January 21, 2013, 20:26

I suspect that maybe the owner was buying a photo upfront to the new contributors so that they would upload more pics/images- business strategy...

Title: Re: AllYouCanStock Closing
Post by: fritz on January 21, 2013, 20:31

Quote from: tab62 on January 21, 2013, 20:26

I suspect that maybe the owner was buying a photo upfront to the new contributors so that they would upload more pics/images- business strategy...

I had the same feeling, what a stupid business strategy ;D

Title: Re: AllYouCanStock Closing
Post by: tab62 on January 21, 2013, 21:14

Not really too stupid- That little $5 appetizer probably lured a lot of folks to upload a large percentage of their portfolio thus they gain a decent size library in a short amount of time. The starter fee could be taxed off as a building fee say around 50 to 100k USD. Just the cause of doing business. Remember, you have to have a good size library to bring in the buyers... 

Title: Re: AllYouCanStock Closing
Post by: luissantos84 on January 21, 2013, 21:17

not even dropping the awesome 75% royalties for contributors would work out for them 8)

we can reach a simple conclusion on this one too, when agencies cut on us its not only because they are a little greedy but also because buyers are leaving... the more they cut the less buyers they have ;D

Title: Re: AllYouCanStock Closing
Post by: KimsCreativeHub on August 27, 2013, 08:37

Superhug was super bad, leaving w/o any notification, poof!

 that was a respectable letter they wrote shows respect for contributors.